"...reserving and the advent of Solvency II means it needs to augment its current arrangements. An announcement on either a quota share arrangement and/or structured debt will be made before the year end."

In my limited opinion this looks to be a good recovery play in 2016 after such a fall from 80p. I find it is disappointing the BOD are not buying stock after the large claim! ... In the short term I believe director buys will help restore some confidence and a rise in the SP. Are they spooked themselves?

The charts indicate good volume since August (stay in cash/sell) so any low points under 20p could be a good opportunity unless we see a couple of big buyers.

I do not growth opportunities in other sectors. Commodities most likely to remain low and even biotec has/is top heavy.

After today's positive RNS, I consider Gable worth a punt. Indeed
I put my money where my mouth is and bought first thing this
morning, not a huge pile, but enough to feel I have a small stake
that will leave me worthwhile gains if my hunch is right.
Cheers,
ws

Gable Holdings (AIM: GAH.L), the European non-life insurance company, will announce its results for the 6 month period ending 30 June 2015 on Thursday 10 September 2015.

The Company will be updating shareholders on trading which shows continued strong growth with claims experience in line with expectations. The Company will also be updating shareholders on the Company's solvency capital preparations which are advancing well and will not include an approach to the market to raise equity capital.

Commenting, William Dewsall, Chief Executive of Gable, said: "We are pleased with the trading performance during the year to date and are making good progress with our solvency capital preparations for Gable, which will be satisfied by focussing on structured debt and insurance products. We expect that the conclusion of this process will leave the business well positioned for its next phase of profitable growth."

Yes, hands up here - I judged this one wrongly and sitting on large paper loss hoping in hope the tide turns either a larger insurer likes this business at this kind of level. A further drop today to 17 - 18 spread is well under cash levels but not looking good. So surprised with where we are share price wise.

Well, we got this one mightily wrong chaps! Any comments ir ideas please? Given my paper losses at the mo I am hanging on and hoping for some form of recovery. Can anybody see anything on the horizon for GAH?

" GABLE HOLDINGSÂ (LSE:GAH) Continues our wander through the Non Life Insurance sector of the market. As the chart shows, despite some strong performance from 2005 until 2014, paradoxically - for a Non Life Insurer - it has been dying on its ..."

TA is probably a better bet as any. We know the potential that is only possible thanks to element of risk. We know the SP has bottomed out near cash and any movement upwards (normally when you least expect it) would see sentiment return.

This is not positive. Nor is the fact they will need to raise some cash to ensure they meet solvency rules. I also do not like the suggestion they will 'review' the dividend policy. That smells of a cynical attempt to support the share price and bring in new investors under false hopes of a payout.

Having said all that I may take a few today, on the grounds that the business has been pottering along showing a decent profit, and it now seems oversold to me. Even with the potential problems, this still seems to be worth about 35 to me, given the increase in premiums, and the suggestion that the loss has been the result of just two incidents.

Was thinking of buying. Sp has dropped a third since new year, and has more than halved over 12 months. The bad news is presumably in the pipeline as per weakening euro, and problems with their French business . Results out on 28th May so we'll soon know.

Why? Well, probably there is a steady trickle of people who get fed up/nervous and sell for those reasons whilst some others may just think that there are better short term opportunities elsewhere. Buyers will mostly hold off until they see that the decline has stopped and a turnaround has started - happy to pay a bit extra for the reassurance that brings. Shares move in price in response to news, but also just because a trend (up or down) has been established and people like the comfort of that and join in. Simples.

It'll turnaround, on the proverbial sixpence, when it seems, to enough people, to be too ridiculously low in price both to sell and to hold off from buying. Could happen spontaneously or may need some good company news to trigger it. Just need patience.

Gable Holdings Inc. (GAH.L), the European non-life insurance company, announces that it expects 2014 to show continued strong growth in Gross Written Premiums at levels some 35 per cent above those reported in 2013. In addition, the outlook is for this growth in Gross Written Premiums to continue through 2015 and 2016. The Board expects to release Gable's results for the year ended 31 December 2014 during May 2015.

2014 Financial Year

As announced at the half year stage, Gable's results were hit by an individually large fire claim in France, 80 per cent of which was recovered against reinsurance policies, the impact of which has also been felt in the second half through the cost of reinstating the reinsurance cover. During the year, the French market also suffered from an increase in attritional losses and Gable has acted to mitigate the impact of this by re-examining its risk exposure to the French market, amending policy terms and conditions and tightening the range of risks written together with strengthening pricing policies where appropriate to manage these factors and protect the Company in future years. Nevertheless, this claims experience in 2014 together with the impact of the weakening Euro means that the second half profit is unlikely to exceed that recorded for the first half of the year.

Outlook

January 2015 has started extremely well with an estimated Gross Written Premium of GBP15 million including GBP9 million of new commercial SME business introduced to Gable via its broker network. The Company's focus continues to be on profitable niche business with the objective of generating a strong underwriting profit at CORs of under 90 per cent. Gable has also commenced the process of putting part of its cash resources, which exceed GBP42 million, to work through a measured investment programme with a specialist advisor.

The Board expects to continue to deliver profitable growth for the foreseeable future and the Board will continue to manage the business in a prudent and professional manner. Gable's Solvency II preparations are well advanced and the Company remains committed to building capital reserves to prudent levels.

Commenting, William Dewsall, Chief Executive, said: "2014 saw an increase in claims activity which has impacted our profitability but I remain pleased that we will still report a creditable result. I believe that our risk management protocols provided the Company with the essential protections which mitigated a large proportion of the downside, whilst allowing us to provide a swift and efficient service to our insured customers. January 2015 was the strongest single month of new premiums in the Company's history and I fully expect this growth to continue throughout the year. We will build upon the strengths the business has accumulated in both balance sheet terms and as a reliable brand in a growing number of product categories and countries in Europe."

Huge disappointment on the share price performance and if the company is continuing their hard work with their heads down surely an update that trading is in line would stabilise / start a recovery in the share price.

No one likes to see departures on the back of weak share price even if we have seen directors buying recently which did not give support to the share price for very long.

We know GAH is exposed to the risk from the Euro zone and so shows compelling value on fundamentals. Greece (followed by other countries) will slowly delay payments. What would be the effect on Gables businesses as dept repayments allow more money to flow in the economy?

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